Market Overview
Home Prices in Meridian, MS
The median home value in Meridian, MS is $114,437 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and down 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Meridian are priced72% below average. Meridian is part of the Meridian, MS metro area.
Over the past five years, Meridian home values have risen by approximately8.2%, reflecting steady appreciation in this market.
Price History
Meridian Home Price Trend
City Comparison
Meridian vs. National Median
At $114,437, homes in Meridian cost 72% below the national median of $410,000. This makes Meridian a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Meridian?
20% Down Payment
$22,887
on $114,437
Monthly P&I
$597/mo
30-yr @ 6.8%
Total Monthly Est.
~$758/mo
incl. taxes & insurance
Income Needed
$30,320
gross annual (30% rule)
10% Down Option
$11,444
+ PMI applies
Loan Amount (20% dn)
$91,550
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Meridian, MS?
The median home value in Meridian is $114,437 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Meridian?
Over the past year, home values in Meridian have increased by 0.9%. Over five years, prices have risen approximately 8.2%.
How much do I need to earn to buy a home in Meridian?
To comfortably afford the median home price of $114,437 with a 20% down payment ($22,887) at today's rates (6.8%), you'd need a gross annual income of approximately $30,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Meridian compare to the national average home price?
The national median home value is approximately $410,000. At $114,437, homes in Meridian are 72% below the national average.
What metro area is Meridian part of?
Meridian is part of the Meridian, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.